Deputy General Manager - Finance

Sonalika Agro Industries; Hoshiarpur; On-site; INR 2,000,000 - 3,600,000; Full time

Job summary

Sonalika Agro Industries is seeking a CA-qualified Finance Manager to lead financial planning, budgeting and costing for the plant. The role includes variance analysis, MIS development and ensuring IFRS/compliance across reporting.

The incumbent will manage treasury, cash flow, banking relations and internal controls, while collaborating with senior management to drive cost optimization in a manufacturing environment.

Qualifications

• Qualified CA with experience in finance leadership in manufacturing.
• Proven ability to manage budgeting, costing, forecasting and reporting processes.
• Strong knowledge of plant accounting, costing methods and internal controls.

Responsibilities

• Develop and oversee financial planning, budgeting and forecasting for the plant.
• Conduct variance analysis and provide insights to optimize financial performance.
• Ensure timely preparation of management reports and financial statements.
• Oversee accounts payable/receivable and treasury management.
• Manage month-end/year-end close, banking relations and MIS development.

Skills

Financial analysis

Forecasting

Budgeting

Variance analysis

Team leadership

Stakeholder communication

Analytical thinking

Problem-solving

Treasury knowledge

Education

CA (Chartered Accountant)

Tools

SAP ERP

Job description

Role & responsibilities

Financial Planning and Analysis

• Develop and oversee financial planning, budgeting, and forecasting processes for the plant.
• Conduct variance analysis and provide insights to optimize financial performance.
• Ensure accurate and timely preparation of management reports

Costing and Cost Management

• Implement and maintain robust costing systems and methodologies.
• Analyse manufacturing costs and provide recommendations for cost optimization.
• Monitor and control plant expenses and overheads.

Financial Reporting and Control

• Manage month-end and year-end close activities, including financial reconciliations.
• Ensure compliance with corporate accounting policies, IFRS, and statutory requirements.
• Prepare and present financial statements and reports to senior management.

Accounts Payable/Accounts Receivable

• Oversee accounts payable and accounts receivable functions, ensuring timely processing and reconciliation.
• Monitor credit control and collections activities.

Treasury Management

• Manage cash flow and liquidity for plant operations.
• Monitor banking activities and optimize cash balances.
• Execute financing and investment decisions.

Management Information Systems (MIS)

• Develop and maintain effective MIS for financial reporting and analysis.
• Utilize SAP systems effectively to extract financial data and generate reports.

Preferred candidate profile

• The candidate must be a qualified Chartered Accountant (CA).
• Proven experience as a Finance Manager, Controller, or similar role in a manufacturing environment.
• Strong knowledge and experience in plant accounting, costing, budgeting, and financial analysis.
• Proficiency in SAP.
• Excellent understanding of treasury functions and cash management.
• Strong analytical and problem-solving skills.
• Ability to communicate effectively with stakeholders at all levels.
• Experience in team handling.